Commercial Land with Freeway
For Sale
$3,500,000
150 Shoreline Hwy, Mill Valley, CA 94941
Land, Mill Valley, CA
Property SizeContact for details
Lot Size0.86 Acres
Days on Market92
Property Features for 150 Shoreline Hwy
General Information
Property type
Land
Property subtype
Other
Zoning
CZ
Lot features
Level
View
Water
Directions
On Hwy~1 on Mill Valley side of Hwy~101..
Subdivision
Listing
Standard status
Active
APN
05237104
Lot size
0.86 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
RE/MAX Accord · RE/MAX International
(925) 283-9200
Listed By:
Kevin Obrien · License #1385083
(925) 595-0422
Added: Jun 5
Changed: Sep 3
Last Checked: Sep 4 at 7:06PM
MLS# 41137313
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a 0.86-acre commercial land parcel at 150 Shoreline Hwy in Mill Valley, California (94941). The property includes three existing buildings that are described as producing approximately $30,000 per month in revenue, while the buyer works through permitting. Public remarks also reference the ability to build up to 46 units of affordable housing, with a stated dirt cost of $77,000 per unit.
The site is positioned for visibility and access, described as high-traffic with freeway frontage. Zoning is listed as CZ, and the public remarks state CP zoning allows affordable housing, homeless shelters, retail stores, offices, and restaurants.
For tenants, buyers, and operators, the land’s flexible zoning as described supports multiple development and occupancy pathways, including housing-focused projects and neighborhood-serving commercial uses. The presence of three existing buildings may offer interim income potential while plans and permits are pursued, subject to due diligence and approvals.
The site is positioned for visibility and access, described as high-traffic with freeway frontage. Zoning is listed as CZ, and the public remarks state CP zoning allows affordable housing, homeless shelters, retail stores, offices, and restaurants.
For tenants, buyers, and operators, the land’s flexible zoning as described supports multiple development and occupancy pathways, including housing-focused projects and neighborhood-serving commercial uses. The presence of three existing buildings may offer interim income potential while plans and permits are pursued, subject to due diligence and approvals.
Key Highlights
- Approx. 1‑acre land parcel for sale in Marin/Mill Valley area
- High‑traffic location with freeway frontage
- CP zoning allows for affordable housing, homeless shelters, retail, offices, and restaurants
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 94941, CA
31,480
Population
13,860
Households
2.3
Avg Household Size
47
Median Age
77%
College-Educated
99%
High-School Grad
37.7 sq mi
ZIP Area
835
Density / Sq Mi
$210,217
Median Household Income
$100,535
Median Earnings
$2,949
Median Rent
$1,990,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.86-acre parcel with freeway frontage; zoning allows affordable housing, shelters, retail, offices, and restaurants.
Where is this commercial land located?
The property is located at 150 Shoreline Hwy Mill Valley, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approx. 1‑acre land parcel for sale in Marin/Mill Valley area; High‑traffic location with freeway frontage; CP zoning allows for affordable housing, homeless shelters, retail, offices, and restaurants
